Thursday, 12.11, BTC is currently quoted around 9.03, which is a reversal after the interest rate decision. The hourly chart shows five consecutive downward candles. Continuing with yesterday's idea, the market may reverse after the meeting. Today, BTC remains mainly bearish.



Looking at the hourly chart, support is around 8.95, with resistance near 9.15.

Currently, the price is in the lower part of the Bollinger Bands. After a rise later in the evening, it might be a good opportunity to go short!
BTC0.58%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)